Preview

Phishing Scams

Better Essays
Open Document
Open Document
3014 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Phishing Scams
Phishing Scams

The electronic world is embracing consumers and criminals. According to Report on Phishing by Binational Working Group on Cross-Border Mass Marketing Fraud, when internet users receive emails from trusted web sites such as famous financial institution, these emails redirect internet users to phony web sites that appear similarly to famous banks web sites. In addition, many customers are receiving phone calls from person who claims that he is working with famous financial institution asking them to provide him with their personal information; in fact this person has no relation to any organization. His purpose is to obtain specific key information that helping him to access people bank accounts or to enter inside their personal computers. What is phishing scams? The word phishing is a terminology that is created by internet criminals of emails and websites. It looks like it is coming from trusted organization, financial institution or government agencies in purpose to obtain internet users information. Internet scammers are trying to swindle their victims by obtaining their financial information or other information such a passwords and users names. Moreover, internet scammers are using different ways to gather information from their victims by downloading computer code in their victims’ computers that can provide the criminals to access the target computers to gain sensitive information (4). What is the scope of phishing scams in the United States of America? There are no specific statistics on the number of people who have been fraud through phishing scams, or total of the loss in dollar. There are indications that phishing scams are increasing rapidly over the last two years and has become an important issue in North America and the world (5). How phishing scams is committed? Internet criminals who want to gather information from their victims needs to create phony web site of real institution, and professional



Cited: Boneh, Dan. "The Difficulties of Tracing Spam Email." (2004): 21. Web. 19 Apr. 2012. Kiesbye, Stefan. Does the Internet Increase Crime. Farmington Hills: Green Haven, 2010. Milletary, Jason. "Technical Trends in Phishing Attacks." (2005): 17. Web. 28 Mar. 2012. United States of America. Department of justice. Report on Phishing. 2006. Web.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Phishing is when a person tries to trick either the customer or company that the email is legit and comes from a legitimate source and try to ask the customer for their account information.…

    • 255 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    M6 Assignment

    • 387 Words
    • 2 Pages

    Online look up of phishing sites – which is a maintained list of phishing sites updated several times an hour.…

    • 387 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    A phishing scam is an email or website that's designed to steal from you. Often times, a hacker will use this email or website to install malicious software onto your computer.…

    • 691 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    mis 535

    • 2196 Words
    • 8 Pages

    In a typical phishing attack, the attacker puts up a Web site that looks nearly identical to the victim's Web site. Technology changes fast, our genetic code and learned behaviors not so. As security professionals, we must concentrate not on technical measures, but on education, education, education. Phishers often set up the fake sites several days before sending out phishing e-mails. One way to stop them from swindling customers is to find and shut down these phishing sites before phishers launch their e-mail campaigns. Companies can outsource the search to a fraud alert service. These services use technologies that scour the Web looking for unauthorized uses of your logo or newly registered domains that contain your company's name, either of which might be an indication of an impending phishing attack. This will give your company time to counteract the strike Phishing attacks bring with them other risks and costs as well; including the direct IT costs to locate the source of data loss. Organizations should establish a cross-functional anti-phishing team and develop a response plan so that they're ready to deal with any attack. Ideally, the team should include representatives from IT, internal audit, communications, PR, marketing, the Web group, customer service and legal services.…

    • 2196 Words
    • 8 Pages
    Satisfactory Essays
  • Good Essays

    Exam Cheat Sheet

    • 1283 Words
    • 6 Pages

    Phishing: Claiming to be a legitimate business in an attempt to trick people into divulging sensitive information by getting them to go to a specified website…

    • 1283 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Week 5 you decide

    • 928 Words
    • 4 Pages

    Waves of targeted email attacks, often called phishing, are exploiting client side vulnerabilities in commonly used programs such as Adobe PDF Quick Time, Adobe Flash, and Microsoft Office. This is currently the primary initial infection vector used to compromise computers that have access to the internet and the network.…

    • 928 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Ais Ch. 11

    • 910 Words
    • 4 Pages

    2. A form of social engineering, the attacker fishes for sensitive, private data, such as using an authentic-looking fraudulent Web site…

    • 910 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    • The Internet Crime Complaint Center (IC3) processed more than 336,000 complaints related to Internet crime in 2009 in the United States. • Many complaints were related to fraud, including nondelivery of ordered items, credit and debit card fraud, and advanced fee scams. Much of the credit card fraud was perpetrated when credit card numbers were stolen by criminals tricking people into revealing sensitive information or by computer programs that gather credit card data. • Non-fraud-related complaints pertained to issues such as computer intrusions, unsolicited e-mail, and child pornography.…

    • 5495 Words
    • 157 Pages
    Powerful Essays
  • Good Essays

    Causes Of Identity Theft

    • 1108 Words
    • 5 Pages

    People often trust the internet too much when it comes to buying things or sending out their personal information. One does not take into account that there are hackers waiting to scam you for all your money and information. IN an article titled, “Information Security Breaches and the Threat to Consumers” written by Fred H. Cate, he states, “Consumers often end up unwittingly providing thieves with access to sensitive data by failing to secure their own data, by responding to fraud schemes, such as phishing and pharming, and by careless use of their personal information” (Cate 4). In other words, people tend to trust that what they put on the internet, however there are people who are trying to scam you for your money. People should be more aware and less careless about what they are sending through the internet and to who they are sending it to. While we continue to be careless with our information, we continue to see many crimes involving identity theft. Cate writes, “The vulnerability of unsecured personal data and the threat of identity-based frauds nevertheless continue to grow and evolve as perpetrators become more sophisticated in how they seek to obtain and exploit personal information” (Cate 2). It makes it easy for hackers to catch and use one’s personal information when the individual continues to be careless with their information…

    • 1108 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Ethics

    • 916 Words
    • 4 Pages

    Phishing is an attempt to criminally and fraudulently acquire sensitive information, such as usernames, passwords and credit card details, by masquerading as a trustworthy entity in an electronic communication. Phishing is typically carried out by email or instant messaging, and often directs users to enter details at a website, although phone contact has also been used. Phishing is an example of social engineering techniques used to fool users.…

    • 916 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The term phishing created as a homophone of fishing due to the similarity of using a bait in an attempt to catch a victim. Started by cybercriminals, as it is easier to trick someone into clicking a malicious link in a seemingly legitimate email than trying to break through a computer’s defenses. Phishing attacks are the most common security challenges that both individuals and companies face in keeping their information secure. The attacks can get access through passwords, emails, and credit card details (and sometimes, indirectly, money).…

    • 621 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    CyberSecurity

    • 754 Words
    • 3 Pages

    Phishing is a technique used to gain personal information for purposes of identity theft, using fraudulent e-mail messages that appear to come from legitimate businesses.…

    • 754 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Social Engineering

    • 1041 Words
    • 5 Pages

    Social engineering, in the context of information technology, is defined as “gaining unauthorized access or obtaining confidential information by taking advantage of the trusting human nature of some victims and the naivety of others” (Gary B. Shelly, 2010). The methods adopted are similar to those used by con artist where individuals are tricked into divulging confidential information. Social engineers mislead their victims into providing confidential and critical information that can enable them to perpetrate fraud. Social security numbers, user names, passwords, credit card details, bank account numbers and organizational charts are prime examples of target information that is used by fraudsters to commit a crime or in some case sell the information to other criminals.…

    • 1041 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    To mimic web pages of real websites, phishing websites are created by malicious people. Some of the Web pages look like the original websites. To analyze and to understand phishing website is a very complicate and complex issue and it is both technical and social problem .The aim of this report is to create a flexible and effective method that uses fuzzy logic. To check whether phishing activity is taking place or not, fuzzy logic is used on websites to qualify all phishing website characteristics. Fuzzy logic modeling is applied in this approach to assess the phishing website risk on the 27 characteristics and it is also applied on the factors which stamp the forged website.…

    • 321 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Phishing Scams

    • 2858 Words
    • 12 Pages

    This new scam, which is increasing in a very significant pace, is called "Phishing Scams". Phishing is one of the Identity Theft form, where these con artists use official…

    • 2858 Words
    • 12 Pages
    Powerful Essays